Vault-13

SPDR GOLD TR GLD

GOLD SHS · ETP · CUSIP 78463V107 · ISIN US78463V1070

Exchange-traded fund

2,114 institutional holders +39 vs Q1 2024
118,433,526118.4m shares reported held*
$25.2bnreported value*
123 new 705 added 780 reduced 96 sold out net sold ≈ $5.3bn (-24.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($48.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $212.54. Options: 75 managers hold calls ($26.3bn notional), 69 hold puts ($17.0bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,762Q4 22: 1,832Q1 23: 1,907Q2 23: 1,910Q3 23: 1,856Q4 23: 2,033Q1 24: 2,075Q2 24: 2,1142,114Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,762
Q4 20221,832
Q1 20231,907
Q2 20231,910
Q3 20231,856
Q4 20232,033
Q1 20242,075
Q2 20242,114

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 566 bought or addedQ4 22: 905 cut or sold outQ4 22Q1 23: 817 bought or addedQ1 23: 717 cut or sold outQ2 23: 793 bought or addedQ2 23: 785 cut or sold outQ2 23Q3 23: 572 bought or addedQ3 23: 921 cut or sold outQ4 23: 731 bought or addedQ4 23: 840 cut or sold outQ4 23Q1 24: 737 bought or addedQ1 24: 930 cut or sold outQ2 24: 828 bought or addedQ2 24: 876 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022566905
Q1 2023817717
Q2 2023793785
Q3 2023572921
Q4 2023731840
Q1 2024737930
Q2 2024828876

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10bn$20bn$30bn$40bnQ3 23 calls: $26.8bnQ3 23 puts: $11.6bnQ3 23P/C 0.43Q4 23 calls: $32.5bnQ4 23 puts: $16.9bnQ4 23P/C 0.52Q1 24 calls: $23.1bnQ1 24 puts: $14.4bnQ1 24P/C 0.62Q2 24 calls: $26.3bnQ2 24 puts: $17.0bnQ2 24P/C 0.65
Numbers
QuarterCallsPutsP/C
Q3 2023$26.8bn$11.6bn0.43
Q4 2023$32.5bn$16.9bn0.52
Q1 2024$23.1bn$14.4bn0.62
Q2 2024$26.3bn$17.0bn0.65

Biggest buyers

CITIGROUP INC Added +598,533+598.5k
Mizuho Bank, Ltd. Added +580,000+580.0k
Capitolis Liquid Global Markets LLC New +550,000+550.0k
Strategic Financial Concepts, LLC Added +544,807+544.8k
TEACHER RETIREMENT SYSTEM OF TEXAS Added +384,000+384.0k
BAILARD, INC. Added +309,429+309.4k
UBS Group AG Added +305,554+305.6k
BARCLAYS PLC Added +280,899+280.9k
VICTORY CAPITAL MANAGEMENT INC Added +274,098+274.1k
LPL Financial LLC Added +222,646+222.6k

Biggest sellers

MORGAN STANLEY Reduced -21,880,283-21.9m
TORONTO DOMINION BANK Reduced -1,739,714-1.7m
MACKENZIE FINANCIAL CORP Reduced -1,116,172-1.1m
Global Assets Advisory, LLC Sold out -701,289-701.3k
FIL Ltd Reduced -474,000-474.0k
Euclidean Capital LLC Sold out -432,271-432.3k
Squarepoint Ops LLC Reduced -392,185-392.2k
JPMORGAN CHASE & CO Reduced -298,628-298.6k
MARSHALL WACE, LLP Reduced -246,508-246.5k
BANK OF AMERICA CORP /DE/ Reduced -229,825-229.8k

Biggest calls

JPMORGAN CHASE & CO Reduced $5.7bn26.7m shares
CTC LLC New $2.3bn108.4k shares
JANE STREET GROUP, LLC Added $2.0bn9.4m shares
Optiver Holding B.V. Added $2.0bn9.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.0bn9.3m shares
CITIGROUP INC Added $1.2bn5.7m shares
SIMPLEX TRADING, LLC Added $1.2bn5.7m shares
CITADEL ADVISORS LLC Added $1.2bn5.4m shares
Belvedere Trading LLC Added $942.7m4.4m shares
BANK OF AMERICA CORP /DE/ Added $894.6m4.2m shares

Biggest puts

JPMORGAN CHASE & CO Added $3.0bn14.2m shares
Twin Tree Management, LP Reduced $2.8bn12.9m shares
CTC LLC New $1.5bn71.0k shares
Optiver Holding B.V. Reduced $1.4bn6.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2bn5.4m shares
SIMPLEX TRADING, LLC Added $953.6m4.4m shares
UBS Group AG Added $921.6m4.3m shares
CITADEL ADVISORS LLC Added $619.5m2.9m shares
Belvedere Trading LLC Reduced $610.2m2.8m shares
JANE STREET GROUP, LLC Added $572.0m2.7m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.18% of their portfolio NEW YORK, NY 10,661,56910.7m $2.3bn $2.3bn 0.18% Reduced -21.9m -21,880,283
2 BANK OF AMERICA CORP /DE/ 0.22% of their portfolio CHARLOTTE, NC 10,543,05310.5m $2.3bn $2.3bn 0.22% Reduced -229.8k -229,825
3 UBS Group AG 0.33% of their portfolio ZURICH, V8 4,968,4505.0m $1.1bn $1.1bn 0.33% Added +305.6k +305,554
4 TORONTO DOMINION BANK 1.35% of their portfolio TORONTO, ONTARIO, A6 3,909,7963.9m $840.6m $840.6m 1.35% Reduced -1.7m -1,739,714
5 WELLS FARGO & COMPANY/MN 0.21% of their portfolio SAN FRANCISCO, CA 3,709,8293.7m $797.7m $797.7m 0.21% Added +57.4k +57,356
6 First Eagle Investment Management, LLC 1.67% of their portfolio NEW YORK, NY 3,437,2793.4m $739.0m $739.0m 1.67% Reduced -112.4k -112,443
7 LPL Financial LLC 0.34% of their portfolio FORT MILL, SC 3,127,0063.1m $672.3m $672.3m 0.34% Added +222.6k +222,646
8 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,996,2882.0m $429.2m $429.2m 0.02% Reduced -298.6k -298,628
9 JANE STREET GROUP, LLC 0.44% of their portfolio NEW YORK, NY 1,891,7631.9m $406.7m $406.7m 0.44% Reduced -184.5k -184,528
10 HighTower Advisors, LLC 0.57% of their portfolio CHICAGO, IL 1,705,3461.7m $366.8m $366.8m 0.57% Reduced -4.7k -4,672
11 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 1,664,7001.7m $357.9m $357.9m 0.09% Added +7.4k +7,410
12 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 1,495,3621.5m $321.5m $321.5m 0.06% Added +182.5k +182,513
13 Comprehensive Financial Management LLC 9.62% of their portfolio Los Gatos, CA 1,271,1541.3m $273.3m $273.3m 9.62% Unchanged
14 CITIGROUP INC 0.26% of their portfolio NEW YORK, NY 1,245,8311.2m $267.9m $267.9m 0.26% Added +598.5k +598,533
15 WealthNavi Inc. 3.28% of their portfolio Shinagawa-ku, TOKYO, M0 1,202,9461.2m $258.6m $258.6m 3.28% Reduced -110.3k -110,290
16 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 1,153,3801.2m $248.0m $248.0m 0.07% Reduced -30.2k -30,168
17 Orbis Allan Gray Ltd 1.54% of their portfolio HamiltoN, D0 1,150,3511.2m $247.3m $247.3m 1.54% Added +55.0k +54,984
18 BARCLAYS PLC 0.11% of their portfolio LONDON, X0 1,143,8201.1m $245.9m $245.9m 0.11% Added +280.9k +280,899
19 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 1,128,9331.1m $242.7m $242.7m 0.08% Added +28.7k +28,683
20 COMMONWEALTH EQUITY SERVICES, LLC 0.34% of their portfolio WALTHAM, MA 1,007,7101.0m $216.7m $216.7m 0.34% Added +70.3k +70,290
21 Mizuho Bank, Ltd. 0.05% of their portfolio TOKYO, M0 920,000920.0k $197.8k $197.8k 0.05% Added +580.0k +580,000
22 Raymond James Financial Services Advisors, Inc. 0.26% of their portfolio ST. PETERSBURG, FL 857,981858.0k $184.5m $184.5m 0.26% Added +55.0k +54,974
23 RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio ST PETERSBURG, FL 835,691835.7k $179.7m $179.7m 0.12% Reduced -32.4k -32,397
24 Arizona PSPRS Trust 10.25% of their portfolio PHOENIX, AZ 731,070731.1k $157.2m $157.2m 10.25% First filing
25 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 722,382722.4k $155.3m $155.3m 0.17% Added +1.5k +1,490
26 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 716,808716.8k $154.1m $154.1m 0.01% Reduced -178.8k -178,789
27 US BANCORP \DE\ 0.20% of their portfolio MINNEAPOLIS, MN 688,034688.0k $147.9m $147.9m 0.20% Added +75.9k +75,885
28 Cetera Investment Advisers 0.33% of their portfolio SCHAUMBURG, IL 673,811673.8k $144.9m $144.9m 0.33% Reduced -28.6k -28,604
29 OSAIC HOLDINGS, INC. 0.32% of their portfolio SCOTTSDALE, AZ 638,756638.8k $137.3m $137.3m 0.32% Reduced -101.6k -101,595
30 GLOBALT Investments LLC / GA 5.45% of their portfolio Atlanta, GA 634,740634.7k $136.5m $136.5m 5.45% Added +1.1k +1,089
31 Rockefeller Capital Management L.P. 0.39% of their portfolio NEW YORK, NY 634,546634.5k $136.4m $136.4m 0.39% Added +36.5k +36,542
32 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 608,817608.8k $130.9m $130.9m 0.09% Added +2.3k +2,300
33 SG Americas Securities, LLC 0.82% of their portfolio NEW YORK, NY 605,299605.3k $130.1m $130.1m 0.82% Added +11.3k +11,334
34 Squarepoint Ops LLC 0.48% of their portfolio NEW YORK, NY 600,110600.1k $129.0m $129.0m 0.48% Reduced -392.2k -392,185
35 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 596,796596.8k $128.3m $128.3m 0.02% Added +14.6k +14,561
36 BNP PARIBAS FINANCIAL MARKETS 0.14% of their portfolio PARIS, I0 590,561590.6k $127.0m $127.0m 0.14% Reduced -142.8k -142,785
37 Strategic Financial Concepts, LLC 0.44% of their portfolio SAN ANTONIO, TX 550,450550.5k $754.1k $754.1k 0.44% Added +544.8k +544,807
38 Capitolis Liquid Global Markets LLC 1.46% of their portfolio NEW YORK, NY 550,000550.0k $118.3m $118.3m 1.46% New
39 Arnhold LLC 11.99% of their portfolio New York, NY 528,267528.3k $113.6m $113.6m 11.99% Reduced -15.0k -15,000
40 GR FINANCIAL GROUP, LLC 24.99% of their portfolio TUCSON, AZ 527,215527.2k $113.4m $113.4m 24.99% Added +7.0k +7,039
41 WS MANAGEMENT LLLP 10.28% of their portfolio JACKSONVILLE, FL 509,740509.7k $109.6m $109.6m 10.28% Reduced -12.4k -12,438
42 Sequoia Financial Advisors, LLC 1.31% of their portfolio Akron, OH 506,252506.3k $108.8m $108.8m 1.31% Reduced -17.2k -17,246
43 Cambridge Investment Research Advisors, Inc. 0.39% of their portfolio FAIRFIELD, IA 492,565492.6k $105.9m $105.9m 0.39% Added +47.5k +47,518
44 Corient Private Wealth LP 0.18% of their portfolio MIAMI, FL 488,445488.4k $105.0m $105.0m 0.18% Added +13.5k +13,504
45 Mitsubishi UFJ Trust & Banking Corp 0.25% of their portfolio TOKYO, M0 485,700485.7k $104.4m $104.4m 0.25% Reduced -29.5k -29,516
46 Bleichroeder LP 30.38% of their portfolio NEW YORK, NY 475,000475.0k $102.1m $102.1m 30.38% Unchanged
47 MACKENZIE FINANCIAL CORP 0.14% of their portfolio TORONTO ONTARIO, A6 445,044445.0k $95.7m $95.7m 0.14% Reduced -1.1m -1,116,172
48 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 442,987443.0k $95.2m $95.2m 0.15% Added +22.1k +22,095
49 TEACHER RETIREMENT SYSTEM OF TEXAS 0.53% of their portfolio AUSTIN, TX 431,293431.3k $92.7m $92.7m 0.53% Added +384.0k +384,000
50 Cerity Partners LLC 0.23% of their portfolio NEW YORK, NY 399,624399.6k $85.9m $85.9m 0.23% Added +17.2k +17,174
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 391,565391.6k $84.2m $84.2m 0.08% Added +17.7k +17,744
52 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 387,590387.6k $84.3m $84.3m 0.03% Added +21.0k +20,957
53 PPSC Investment Service Corp 11.03% of their portfolio TOKYO, M0 383,378383.4k $82.4m $82.4m 11.03% Added +55.0k +54,978
54 ROCKLAND TRUST CO 4.16% of their portfolio HANOVER, MA 367,043367.0k $78.9m $78.9m 4.16% Reduced -9.7k -9,711
55 Cerity Partners OCIO LLC 6.01% of their portfolio New York, NY 364,792364.8k $78.4m $78.4m 6.01% First filing
56 Focus Partners Wealth 0.26% of their portfolio ST LOUIS, MO 360,465360.5k $77.5m $77.5m 0.26% Added +104.1k +104,095
57 VICTORY CAPITAL MANAGEMENT INC 0.07% of their portfolio San Antonio, TX 344,154344.2k $74.0m $74.0m 0.07% Added +274.1k +274,098
58 AlTi Global, Inc. 1.94% of their portfolio NEW YORK, NY 335,937335.9k $72.2m $72.2m 1.94% Added +198.8k +198,823
59 BAILARD, INC. 1.91% of their portfolio Foster City, CA 322,823322.8k $69.4m $69.4m 1.91% Added +309.4k +309,429
60 MML INVESTORS SERVICES, LLC 0.28% of their portfolio SPRINGFIELD, MA 321,687321.7k $69.2m $69.2m 0.28% Added +22.4k +22,380
61 SUMITOMO MITSUI FINANCIAL GROUP, INC. 2.11% of their portfolio TOKYO, M0 314,620314.6k $67.6m $67.6m 2.11% Added +35.1k +35,111
62 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 313,881313.9k $67.5m $67.5m 0.14% Reduced -20.7k -20,715
63 Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio CHIYODA-KU, TOKYO, M0 307,882307.9k $66.2m $66.2m 0.05% Reduced -151.4k -151,390
64 PRUDENTIAL PLC 0.45% of their portfolio LONDON, X0 301,219301.2k $64.9m $64.9m 0.45% Added +47.0k +46,950
65 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 298,997299.0k $64.3m $64.3m 0.01% Added +115.2k +115,247
66 BRADLEY FOSTER & SARGENT INC/CT 1.15% of their portfolio HARTFORD, CT 297,472297.5k $64.0m $64.0m 1.15% Added +2.2k +2,201
67 Mariner, LLC 0.11% of their portfolio Overland Park, KS 265,751265.8k $57.1m $57.1m 0.11% Added +27.5k +27,529
68 CAPTRUST FINANCIAL ADVISORS 0.18% of their portfolio RALEIGH, NC 260,259260.3k $56.0m $56.0m 0.18% Added +2.3k +2,299
69 Briaud Financial Planning Inc 31.36% of their portfolio COLLEGE STATION, TX 252,661252.7k $54.3m $54.3m 31.36% Reduced -159.4k -159,393
70 FACTORY MUTUAL INSURANCE CO 0.62% of their portfolio WALTHAM, MA 252,100252.1k $54.2m $54.2m 0.62% Unchanged
71 Kestra Advisory Services, LLC 0.30% of their portfolio AUSTIN, TX 248,461248.5k $53.4m $53.4m 0.30% Added +73.1k +73,081
72 TOTAL INVESTMENT MANAGEMENT INC 7.02% of their portfolio SCOTTSDALE, AZ 248,363248.4k $53.4m $53.4m 7.02% Reduced -2.5k -2,491
73 Cresset Asset Management, LLC 0.22% of their portfolio Chicago, IL 242,112242.1k $52.1m $52.1m 0.22% Added +71.5k +71,523
74 BCM ADVISORS, LLC 12.91% of their portfolio LAFAYETTE, LA 241,094241.1k $54.4m $54.4m 12.91% Reduced -7.1k -7,067
75 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 238,124238.1k $51.2m $51.2m 0.07% Reduced -1.1k -1,086
76 Private Advisor Group, LLC 0.34% of their portfolio MORRISTOWN, NJ 235,141235.1k $50.6m $50.6m 0.34% Added +30.7k +30,705
77 Proficio Capital Partners LLC 5.22% of their portfolio NEWTON, MA 231,159231.2k $49.7m $49.7m 5.22% Reduced -16.0k -15,953
78 Mesirow Financial Investment Management, Inc. 1.11% of their portfolio CHICAGO, IL 230,100230.1k $49.5m $49.5m 1.11% Reduced -10.8k -10,779
79 Foundations Investment Advisors, LLC 1.18% of their portfolio PHOENIX, AZ 225,962226.0k $48.6m $48.6m 1.18% Reduced -9.1k -9,101
80 MARSHALL WACE, LLP 0.07% of their portfolio LONDON, X0 225,155225.2k $48.4m $48.4m 0.07% Reduced -246.5k -246,508
81 COBALT CAPITAL MANAGEMENT, INC. 20.97% of their portfolio SHORT HILLS, NJ 225,000225.0k $48.4m $48.4m 20.97% Reduced -75.0k -75,000
82 Rathbones Group PLC 0.26% of their portfolio Liverpool, X0 218,242218.2k $46.9m $46.9m 0.26% Reduced -7.5k -7,455
83 Rock Creek Group LLC 6.21% of their portfolio Washington, DC 216,299216.3k $46.5m $46.5m 6.21% Reduced -7.7k -7,676
84 First National Trust Co 1.88% of their portfolio Johnstown, PA 211,991212.0k $45.6m $45.6m 1.88% Reduced -18.6k -18,601
85 W1M Asset Management Ltd 3.83% of their portfolio London, X0 210,723210.7k $45.3m $45.3m 3.83% Reduced -6.0k -6,033
86 FIFTH THIRD BANCORP 0.17% of their portfolio CINCINNATI, OH 208,384208.4k $44.8m $44.8m 0.17% Reduced -5.7k -5,668
87 SYNOVUS FINANCIAL CORP 0.59% of their portfolio Columbus, GA 208,124208.1k $44.7m $44.7m 0.59% Reduced -15.0k -15,010
88 FIL Ltd 0.04% of their portfolio HAMILTON, D0 206,000206.0k $44.3m $44.3m 0.04% Reduced -474.0k -474,000
89 DME Capital Management, LP 2.13% of their portfolio New York, NY 202,331202.3k $43.5m $43.5m 2.13% Reduced -44.3k -44,340
90 ArrowMark Colorado Holdings LLC 0.51% of their portfolio Denver, CO 200,000200.0k $43.0m $43.0m 0.51% Unchanged
91 Janney Montgomery Scott LLC 0.13% of their portfolio PHILADELPHIA, PA 195,740195.7k $42.1m $42.1m 0.13% Reduced -3.6k -3,600
92 GLENMEDE TRUST CO NA 0.21% of their portfolio PHILADELPHIA, PA 194,692194.7k $41.9m $41.9m 0.21% Added +1.5k +1,481
93 STALEY CAPITAL ADVISERS INC 1.90% of their portfolio PITTSBURGH, PA 192,015192.0k $41.3m $41.3m 1.90% Reduced -1.1k -1,085
94 HANCOCK WHITNEY CORP 1.40% of their portfolio GULFPORT, MS 191,962192.0k $41.3m $41.3m 1.40% Reduced -1.2k -1,182
95 CIBC WORLD MARKET INC. 0.10% of their portfolio TORONTO, A6 191,654191.7k $41.2m $41.2m 0.10% Added +8.0k +8,019
96 NewEdge Advisors, LLC 0.30% of their portfolio NEW ORLEANS, LA 188,892188.9k $40.6m $40.6m 0.30% Added +58.6k +58,584
97 Tanglewood Wealth Management, Inc. 5.04% of their portfolio HOUSTON, TX 188,414188.4k $40.5m $40.5m 5.04% Reduced -3.9k -3,903
98 CWM, LLC 0.19% of their portfolio OMAHA, NE 187,599187.6k $40.3m $40.3m 0.19% Added +12.4k +12,412
99 DIMENSION CAPITAL MANAGEMENT LLC 8.20% of their portfolio Coral Gables, FL 187,467187.5k $40.3m $40.3m 8.20% Added +5.8k +5,770
100 Private Wealth Strategies, L.L.C. 7.97% of their portfolio New Albany, OH 184,861184.9k $39.7m $39.7m 7.97% Added +2.7k +2,651